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20121226
20130103
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CNBC
Jan 3, 2013 1:00pm EST
, oscars, emmys of the hedge funds business. who would have turned a $10,000 investment into something worth more than 21,000? you will meet one of those individuals later this hour. but right now, to explain how they choose managers of the year, morningstar's director of active mutual fund research joins me on stage. [ applause ] >> good to have you with us. >> thank you for having me. >> how do you do this? how do you pick managers of the year? what's the prob says? >> we are looking for managers that had an extraordinary 2012. but they need to be morningstar medallists. meaning a rating of at least bronze, virl or gold? >> what have they done right to get those ratings. >> we look at a number of factors. but what it boils down to is any of the medallists, we believe these people will be over their pierce over a market cycle of five years. >> so you have confidence that whether they will be able to perform just as well or not isn't really the point. but you have confidence they can replicate a very strong performance over the next five years. >> that's true. there's no guar
CNBC
Dec 26, 2012 6:00am EST
of your guy. jack klugman said people think i'm oscar and when they find out i'm not like oscar from the "odd couple" and like us. people think you're very fast stidious, wearing the sweaters, i don't think you're tony randall necessarily. >> a little bit. >>> have never seen an episode. >> you've never seen tony randall? he's so young. >> tony randall and jack klugman, "the odd couple." it's sad. >> i'm a silver spoons guy. >> have you seen "tootsie" the movie? >> i've seen clips. >> charles durning? his most famous movie with bill murray, hilarious, daffney coleman and jessica -- he won bad picture. charles durning had it bad for dustin hoffman in drag and when he found it it was like a crying game. he loved this woman and wanted her and couldn't understand why she kept rebuffing him and dustin hoffman, you had to suspend disbelief any would want him the way he looked. it was more of a mental love. when he did find out, he was mad. >> a mental love. >> he was mad when he found out charles durning, just like in "crying game" wasn't what he thought she was. >> a quick segue to this s
Search Results 0 to 1 of about 2